AVINASH DILIP ADHANGALE

Date of birth: 24/07/1980 Nationality: Indian Gender: Male Phone number:

(+91) 9892202324 (Mobile) Email address: [email protected] LinkedIn:

www.linkedin.com/in/avinash-adhangale-183629250

Address: Cosmos Jewels, Sapphire -2 , Flat No.14 A , , GB Road , Near D'Mart,

400615, Thane, India (Home)

ABOUT ME

Dynamic Banking Professional with over more than 20 years of experience and holding the Germany Job Opportunity
Card, my goal is to apply strategic leadership and planning abilities to uncover and pursue new business opportunities.
Proven track record in optimizing Banking Operations and fostering profitability while ensuring compliance with
regulatory standards. Experienced front in leading roles as an Operations Manager, Relationship Manager, Loans
and Advances Manager, Internal Audit Recovery AGM, ensuring adherence to laid down guidelines. My focus has been
on the entire gamut of Banking Operations, enhancing internal controls, improving financial processes, building lasting
relationships with high-net-worth clients, assessing working capital, structuring Advances, and augmenting net margin
. As a change agent, I aim to lower risk, heighten productivity, mitigate risks and achieve delivery excellence while
meeting Organizational goals and maximize profitability through meticulous analysis and strategic decision-making.

WORK EXPERIENCE

05/2024 – CURRENT Mumbai, India

ASSISTANT GENERAL MANAGER - RETAIL RECOVERY DEPARTMENT IDBI BANK LIMITED

• Overview:- Oversaw NPA recovery across 23 branches, managing structured and unstructured assets of INR 25
Crores to 28 Crores Portfolio and handling over 600 Non-performing Asset customers.
• Recovery:- Consistently achieved a monthly recovery target of INR 1.5 Crores, significantly contributing to a 50%
reduction in the regional NPA portfolio.
• Target:-Secured INR 3.69 Crores in recoveries against a YTD target of INR 12 Crores since taking on this leadership
role.
• Legal Action:-Initiated legal proceedings for overdue NPA accounts, including Recall Notices and SARFAESI Act
actions, and actively pursued legal actions through suit lings and DRT attachments.
• Initiatives:- Conducted recovery initiatives by engaging directly with 32 NPA borrowers, ling 21 lawsuits, and
executing 17 DRT attachments.
• Settlements:-Organized quarterly Lok Adalat, notifying till date , called on 90 customers, leading to successful
settlements for 6 accounts totaling INR 5.65 lacs.
• Possession:- Achieved physical possession of 6 properties and negotiated One-Time Settlements for 4 accounts,
showcasing proven legal expertise in asset recovery

10/2020 – 05/2024 Mumbai, India

ASSISTANT GENERAL MANAGER - INTERNAL AUDIT DEPARTMENT IDBI BANK LIMITED

• Portfolio:- As a Zonal Audit Manager, executed comprehensive Audits focusing on Risk management, financial
reliability, and compliance across 125 plus Branches, ensuring regulatory standards are met consistently.
• Execution:-Designed and implemented robust Audit plans, effectively measuring Audit risks and enforcing
necessary corrective actions. Completed Comprehensive Audit plans, ensuring risk coverage and alignment with
methodologies.
• Fraud Detection:- Uncovered fraudulent activities through diligent Auditing practices, leading to enhanced
security measures and reduced financial losses . Prepared staff accountability reports.
• Evaluation and Reporting:-Orchestrated both internal and external Audit initiatives, systematically addressing
issues while providing detailed reporting. Successfully delivered more than 125 Audit Branch reports,
Improvisation. Checking reports of Concurrent Auditors, Thematic Audit, Snap Audit , Surprise Audit, Rating of
Audit reports , and data for discrepancies to continually enhance the quality of Audit reports.
• Expertise:- Proficiently managed Branch Audit, Micro, Small and Medium Enterprise (MSME) Audit ,Loans and
Advances Audit , (Structured Retail Asset )SRA Advances, and Operational labilities - Done Audit of more than
500 loan files and done Audit of small to large sized Retail Branches Audit having an Asset Size of Rs.100 Crore to
Rs.500 Crores.
09/2011 – 10/2020 Mumbai, India
MANAGER IDBI BANK LIMITED

• Work Profile:- Experience of working in 3 different Metro large sized Branches of having a Business Portfolio of
more than 500 Crores.
• Operational Manager:-
• Oversight: Oversee all Branch Operations, Initiated and executed profitability strategies, managing Rs. 250 Cr in
deposits and achieving a target 25% business growth. Opening of Savings Current, FDs, EEFC , NRE, NRO
accounts of High Net worth Individuals.
• Customer Service: Ensure a high standard of customer service is maintained, addressing customer inquiries and
resolving issues promptly.
• Financial Management: Monitor budgets, Business continuity plan and implement cost-control measures.
• Supervision:- Delegate and monitor tasks to employees to meet key productivity targets. Branch control, Branch
Internal monthly reports and high quality service ensuring organizational goals are achieved.
• Administering:- Managing the entire gamut of Banking Operations right from the inception stage to profitability
management.
• Advances Manager Oversight:- Review and process incoming loan requests and evaluated creditworthiness by
analyzing financial documentation and applicant information, conducted credit analysis and approved SRA and
NSRA loans. Assessment of working capital, reading financial reports for feasibility and viability to enter and exit
as well as selecting/optimizing quality of portfolio.
• Home Loan and Mortgage Loan above Rs. 20, under my belt - 40 to 45 to loan files totaled to disbursement of
more than Rs.50 Cr.
• Personal Loan upto Rs.10 lacs,- under my belt, processed, sanctioned and disbursed Rs.1 Crore.
• MSME Term Loans, Overdrafts and Cash Credit working Capital loans above Rs.10 lacs to Rs.500 lacs, Under
my belt totaling to Rs.200 Cr.
• Add on Processing of Credit Card loan upto Rs.10 lacs, issued 10 cards generating a Business of Rs.50 lacs.
• Auto Loan :- Rs.20 lacs - belt disbursed upto 25 Auto loan generating a Business of Rs.125 lacs.
• Managed the lending targets:- singly sourced Home Loan of Rs.8 Cr. and Rs.3.50 Cr.
• Relationship Manager Oversight :Participated in sales and marketing activities for acquisition of new client.
• TPD(Third party products) - Individually in sourced three insurance policies of Rs.25 lacs each of single premium
for collecting total premium above Rs.50 lacs which generated non-fee income of 5% of total profit.
• Fostered strong relationships with key clients, resulting in a 25% increase in business, among which one of the
prime clients worked as Relationship Manager of big pharmaceutical company singly handled the deposits of Rs.
250Crore. which comprised of EEFC accounts, CAs and FDs and simultaneously taking care of their requirements
viz issuance of Letter of Credit, Bank Guarantee, Inward and Outward Foreign Remittances, 500 plus employees
salary accounts which garnered more than Rs.50 crore low cost funds.
• New Fund Offer individually sourced Rs.50 lacs for Branch team target of Rs.100 lacs, which brought my Branch to
be among the top in the list of the Region.

06/2006 – 07/2011 Mumbai, India

OFFICER CANARA BANK

• Cultivated and maintained strong relationships with clients, effectively delivering customized Banking solutions.
• Ensured compliance of all Banking Operations.

05/2002 – 06/2006 Mumbai, India

JUNIOR ASSISTANT CANARA BANK

• Maintaining the records of employees - viz, joining, relieving, salary Processing, Annual Increment, Leave record
maintenance.

EDUCATION AND TRAINING

2000 Mumbai, India

BACHELOR OF COMMERCE University of Mumbai

2006 Mumbai, India

MASTER OF BUSINESS ADMINISTRATION- FINANCE Rajasthan Vidyapeeth University - 2006- Lateral Entry

LANGUAGE SKILLS

Mother tongue(s): MARATHI

Other language(s):

UNDERSTANDING SPEAKING WRITING

Listening Reading Spoken production Spoken interaction

GERMAN
LANGUAGE A1 A1 A1 A1 A1
BEGINNER

ENGLISH -
B2 B2 B2 B2 B2
INDEPENDENT

Levels: A1 and A2: Basic user; B1 and B2: Independent user; C1 and C2: Proficient user

ORGANISATIONAL SKILLS

Analytical Skills and Critical Thinker

Customer Service Oriented

Performance Management

Product and service knowledge

Loss prevention

Acquisition of client Relationship Management

Time Management and Problem Solving

Product knowledge

Teamwork and Collaboration

Decision-maker and Visionary

High Business Ethics and Trustworthy

Computer soft skills

HONOURS AND AWARDS

Certificate Diploma in Business Management 2006

Certified Junior Associate Indian Institute of Banking and Finance - 2006

Certificate for Auditor from National Institute of Bank Management in 2023

10/2022
Leadership and workplace Efficiency

19/08/2019
Mutual Fund campaign Target – IDBI BANK LTD

Achieved Mutual Fund campaign Target set by Bank

2007
MR Skills, documentation and Internal Quality Audit